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Elon Musk’s xAI Taps Morgan Stanley for $5B Debt Amid Trump Feud
Elon Musk xAI loans have become a major talking point right now as the AI company aims at…
$2 Trillion in Dollar Stablecoins: US Treasury Backs the Surge
Dollar stablecoins could reach $2 trillion in market cap as the US Treasury actively supports legislation to boost…
US Inflation Hits 2.4% in May, Below Forecast
US inflation in May reached 2.4% annually, and this came in below the 2.5% forecast that economists had…
19 Employees Turn Millionaires After CEO Sells Company For $1 Billion
Bill Phelps, the CEO of Dave’s Hot Chicken has helped 19 of his employees turn millionaires after he…
Re-Dollarization: 3 Strategic Moves to Keep USD Ahead of Yuan & Euro
Despite the world gnawing at the US dollar with all its might, it may take a significant amount…
World Bank Cuts 2025 Growth to 2.3%, Warns of Deep Global Risks
The World Bank growth forecast for 2025 has been slashed to just 2.3%, which is down from an…
Foreign Banks Dump US Dollars, Helps Rupee & Local Currencies Rise
The Indian rupee edged higher against the US dollar on Wednesday after foreign banks initiated mild sell-offs in…
Nvidia’s $500B Plan Sparks AI Server Growth With 8 Suppliers Investing
Nvidia’s massive $500 billion infrastructure plan is now driving eight major suppliers to invest billions in US manufacturing…
China’s De-Dollarization Crusade: Yuan Is Stealing USD’s Crown
China has been very open about its de-dollarization agenda. While the BRICS bloc of nations has expressed a…
Musk Says Tesla Robotaxi Rollout May Begin June 22
Tesla’s robotaxi rollout has been accelerated and is now set to begin on June 22, 2025, according to…